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IRDA is favourite as new pension regulator
New Delhi: With the strong backing of the ministry of finance, the
Insurance Regulatory and Development Authority has emerged as the frontrunner
for being nominated as the new regulator for the pension market.
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Firms
may not find deferment of depreciation easy
New Delhi: Companies seeking deferment of depreciation provisioning to
become eligible for declaration of dividends may not have a smooth ride, with
the Department of Company Affairs (DCA) deciding to stipulate stringent
conditions for allowing such a condition.
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500
killed in Iran quake
Tehran: More than 500 people were killed and nearly 1,000 injured as a
powerful earthquake of magnitude 6.3 rocked northwestern Iran on 22 June, local
television networks said quoting initial reports.
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FBI warns
of attacks
New York: The Federal Bureau of Investigation has issued a fresh
warning, particularly to fuel depots and Jewish community, that terrorists
might use fuel tankers to attack targets in the US and American interests
overseas.
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Investors
in B2, B1 stocks rejoice as prices surge
Mumbai: For investors who found themselves in a fix with the mid-cap or
second rung stocks, there has been reason to cheer in the last few months
following the sharp surge in the stock prices as well as number of traded
stocks.
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Epoxy
firms, importers fight over import duty
New Delhi: The Rs 120-crore domestic epoxy market is witnessing a tussle
between the importers and the domestic manufacturer of epichlorohydrin, the
main raw material for epoxy.
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Bond
markets edgy about issue prospects
New Delhi: Easy money conditions should help Indian government bonds
start the week on a mildly positive note, but the prospects of fresh issues
will hang over the market.
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FIs,
banks want ARF route for state-guaranteed loans
New Delhi: Financial institutions and banks have proposed transferring
overdues from state government-guaranteed securities and loans to the asset
reconstruction fund.
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